Im excited to be closing on my first multifamily deal coming up Sept 12. Its a 10 unit value add deal. Our plan is to get in, rehab the property, increase rents, decrease expenses and of course increase the NOI of the property.

It has definitely been a journey going from wholesaling and fix/flip single family properties (Which I still do, just not as much anymore) to investing in multifamily deals. I have been able to build great relationships with investors and brokers over the years from wholesaling and they will now invest in the multifamily deals. 

I look forward to posting the progress of this property here on BiggerPockets. 

Originally posted by @Dennis Anderson:

Im excited to be closing on my first multifamily deal coming up Sept 12. Its a 10 unit value add deal. Our plan is to get in, rehab the property, increase rents, decrease expenses and of course increase the NOI of the property.

It has definitely been a journey going from wholesaling and fix/flip single family properties (Which I still do, just not as much anymore) to investing in multifamily deals. I have been able to build great relationships with investors and brokers over the years from wholesaling and they will now invest in the multifamily deals. 

I look forward to posting the progress of this property here on BiggerPockets. 

 Congratulations!!! hope more blessings keep coming to your future real estate investing business. Success stories like these keep "newbies" like me motivated. 

That's awesome @Dennis Anderson!  Congrats on landing that first and best of luck with it!  Very encouraging for a newbie like me to see other's finding success!

@Dennis Anderson congrats and best of luck on your latest deal.

This is brilliant! Congratulations! Be sure to keep us updated, I'd love to hear of your progress!

Congrats. How much work does it need overall? How long do you plan on holding it?

Love hearing stories like this...keeps me motivated.

Well done! I hope to be able to reach the same goal.

Mind sharing numbers?

@Dennis Anderson Congrats on your purchase! Can you post any additional details about your deal? 

Do you have any tips for people starting out with wholesaling? I'm looking to increase my cash position using wholesaling as well as build relationships and hammer out my marketing approaches. Any advice would be appreciated, and I can't wait to read more about the progress of your new project.

Best of luck!

@Dennis Anderson, congrats! I enjoyed reading about your journey and what you have built in the process. Looking forward to seeing rehab pics!

Congratulations! How did you find this deal? Loopnet? Real estate agent?

Congratulations, thanks for sharing, looking forward to hear more about your acquisition and how you performed the do diligent.